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Best Business Opportunities in Himachal Pradesh- Identification and Selection of right Project, Thrust areas for Investment, Industry Startup and Entrepreneurship Projects

Agriculture & Horticulture: Project Opportunities in Himachal Pradesh

PROFILE

Agriculture Sector of Indian Economy is one of the most significant part of India. Agriculture is the only means of living for almost two-thirds of the employed class in India. About 65% of Indian population depends directly on agriculture and it accounts for around 22% of GDP. Agriculture derives its importance from the fact that it has vital supply and demand links with the manufacturing sector. The agriculture sector of India has occupied almost 43 percent of India's geographical area. Agriculture is still the only largest contributor to India's GDP even after a decline in the same in the agriculture share of India

RESOURCES

Out of the total geographical area of 55.673 lakh hectares, the area of operational holding is about 9.99 lakh hectares owned by 8.63 lakh farmers. The cultivated area in the State is only 10.4 per cent. About 80 per cent of the area is rain-fed. Rice, wheat and maize are important cereal crops of the State. Groundnut, soyabean and sunflower in kharif and rapeseed/mustard and toria are important oilseed crops in the rabi season. Urad, bean, moong, rajmah in kharif season and gram in rabi are the important pulse crops of the State. Maize is an important crop where surplus is available for processing.

The State has made significant progress in the development of horticulture. The topographical variations and altitudinal differences coupled with fertile, deep and well-drained soils favour the cultivation of temperate to sub tropical fruits. The main fruits under cultivation are apple, pear, peach, plum, apricot nut fruit, citrus fruits mango, litchi, guava and strawberry, etc. The region is also suitable for cultivation of ancillary horticultural produce like flowers, mushroom, honey, hops, tea, medicinal and aromatic plants, etc.

Agriculture, being the main occupation of the people of Himachal Pradesh, has an important role in the economy of the State. It provides direct employment to about 71 per cent of the main working population. Income from the agriculture and allied sector accounts for nearly 21.7 per cent of the total State Domestic Product.

GOVERNMENT POLICIES:

Under the State Industrial Policy, numbers of incentives are available to the investors in food processing industry. Processing industries of ginger, potato and vegetables in valley areas have great investment scope. Besides, the temperate climate of the State is quite suitable for production of disease free seed. The Government is encouraging private sector participation for exploitation of vast seed production potential.

The National Policy on Agriculture seeks to actualise the vast untapped growth potential of Indian agriculture, strengthen rural infrastructure to support faster agricultural development, promote value addition, accelerate the growth of agro business, create employment in rural areas, secure a fair standard of living for the farmers and agricultural workers and their families, discourage migration to urban areas and face the challenges arising out of economic liberalization and globalisation. Over the next two decades, it aims to attain:

•        A growth rate in excess of 4 per cent per annum in the agriculture sector;

•        Growth that is based on efficient use of resources and conserves our soil, water and bio-diversity;

•        Growth with equity, i.e., growth which is widespread across regions and farmers;

•        Growth that is demand driven and caters to domestic markets and maximises benefits from exports of agricultural products in the face of the challenges arising from economic liberalization and globalisation;

•        Growth that is sustainable technologically, environmentally and economically.

The policy seeks to promote technically sound, economically viable, environmentally non-degrading, and socially acceptable use of country’s natural resources - land, water and genetic endowment to promote sustainable development of agriculture.

 

Biotechnology: Project Opportunities in Himachal Pradesh

PROFILE:

Biotechnology is a field of applied biology that involves the use of living organisms and bioprocesses in engineering, technology, medicine and other fields requiring bio products. Biotechnology also utilizes these products for manufacturing purpose. The Biotechnology sector in India is one of the fastest growing sectors of the Indian Economy. As the sector is mainly based on knowledge, it is expected that it will play an important part in shaping the Indian Economy, which is developing at a rapid pace. The Indian Biotechnology sector holds immense potential in terms of research and development, skill and cost effectiveness.

RESOURCES:

Himachal has the potential to develop various types of industries using raw material base of fruits, vegetables, high value cash crops and other naturally growing herbal plants. These industries can be in the following: bio-pharmaceuticals, phytochemicals, bio-prospecting, fermentation, post-harvest processing, bio-processing, pharmaceuticals, biochemical, genetically engineered micro-organisms, enzyme production, environment protection and animal husbandry etc.

Biotechnology as a tool has helped in recovery of degraded ecosystem. Some of the methods based on plant biotechnology include reforestation involving micro propagation and use of mycorrhizae. Micro propagation has resulted in increasing the plant cover and thus preventing erosion and giving a climatic stability.

GOVERNMENT POLICIES:

Efforts for establishing Biotechnology Parks with a mission to convert Himachal into 'Herbal Bio business Valley' are at advanced stages. The setting up of BT Parks in Himachal endeavours to create favourable environment for developing a strong BT-based industry as a business entrepreneurship to push the State at centre stage of progress in a short time. The main objectives of the policy are to:-

•        Upgrade infrastructural support to R&D Institutions to generate highly skilled human resource in biotechnology

•        Intensify R&D work in potential areas of biotechnology, including agriculture, animal husbandry, human health, etc

•        Conserve and commercially exploit bio resources of the State for sustainable development

•        Attract entrepreneurs for setting up of biotechnology based industries in the State

•        Promote diversified farming of high value cash crops, conservation and commercial exploitation of bio resources

•        Provide suitable institutional framework to achieve these objectives.

 

Textiles: Project Opportunities in Himachal Pradesh

PROFILES:

The Indian textile industry is one of the largest industries in the world. The textile industry in India is the largest provider of employment after agriculture. This industry is one of the earliest industries of India to come into being; it is presently the second biggest industry in the world after China. Over the years, this industry has proved to be the provider of the basic requirements of the people. The industry holds a vital place in the Indian economy as it makes a contribution of 14 % to the industrial production of the country and at the same time sums up 4% of the total GDP of India. Along with contributing to the Indian economic scenario in terms of employment, involvement in the industrial production, foreign revenues the textile industry of India also contributes to the global textile economy. It contributes to the global textile fibre and yarn production.

RESOURCES:

Textile industry in Himachal Pradesh has grown at 12.78% CAGR (2002-2005). Textile industry in Himachal Pradesh is mainly focussed on spinning yarns. A few companies such as Vardhman are also engaged in weaving and dyeing. Handloom and carpet weaving have mainly developed as small scale industries.

GOVERNMENT POLICIES:

The Ministry of Textiles in India has formulated numerous policies and schemes for the development of the textile industry in India. The government of India has been following a policy of promoting and encouraging the handloom sector through a number of programmes. Most of the schematic interventions of the government of India in the ninth and tenth plan period have been through the state agencies and co-operative societies in the handloom industries. Some of the major acts relating to textile industry include: Central Silk Board Act, 1948, The Textiles Committee Act, 1963, The Handlooms Act, 1985, Cotton Control Order, 1986, The Textile Undertakings Act, 1995 Government of India is earnestly trying to provide all the relevant facilities for the textile industry to utilize its full potential and achieve the target. The textile industry is presently experiencing an average annual growth rate of 9-10% and is expected to grow at a rate of 16% in value, which will eventually reach the target of US $ 115 billion by 2012. The clothing and apparel sector are expected to grow at a rate of 21 %t in value terms.

Pharmaceuticals: Project Opportunities in Himachal Pradesh

PROFILE:

The Pharmaceutical industry in India is the world's third-largest in terms of volume and stands 14th in terms of value. The Indian pharmaceuticals market is expected to reach US$ 55 billion in 2020 from US$ 12.6 billion in 2009. The pharmaceutical industry in India meets around 70% of the country's demand for bulk drugs, drug intermediates, pharmaceutical formulations, chemicals, tablets, capsules, orals and injectibles. There are about 250 large units and about 8000 Small Scale Units, which form the core of the pharmaceutical industry in India (including 5 Central Public Sector Units).

RESOURCES:

Himachal Pradesh is emerging as the pharmaceutical manufacturing hub of the country. Almost all the leading pharmaceuticals majors have set up their units in our state or are in process of setting of units. Most of the pharmaceuticals companies setting up unit in Himachal Pradesh. HP is becoming a hub for pharmaceuticals manufacturing companies, with over 300 pharmaceuticals firms setting up units there. Pharmaceuticals companies waiting in the wings to set up units in HP include majors such as Ranbaxy, Cipla, Dr Reddy's, Nicolos Piramal and Dabur, among others.

GOVERNMENT POLICIES:

•        Industrial licensing for the manufacture of all drugs and pharmaceuticals has been abolished except for bulk drugs produced by the use of recombinant DNA technology, bulk drugs requiring in-vivo use of nucleic acids, and specific cell/tissue targeted formulations.

•        Reservation of 5 drugs for manufacture by the public sector only was abolished in Feb. 1999, thus opening them up for manufacture by the private sector also.

•        Foreign investment through automatic route was raised from 51% to 74% in March, 2000 and the same has been raised to 100%.

•        Automatic approval for Foreign Technology Agreements is being given in the case of all bulk drugs, their intermediates and formulations except those produced by the use of recombinant DNA technology, for which the procedure prescribed by the Government would be followed.

•        Drugs and pharmaceuticals manufacturing units in the public sector are being allowed to face competition including competition from imports. Wherever possible, these units are being privatized.

•        Extending the facility of weighted deductions of 150% of the expenditure on in-house research and development to cover as eligible expenditure, the expenditure on filing patents, obtaining regulatory approvals and clinical trials besides R&D in biotechnology.

•        Introduction of the Patents (Second Amendment) bill in the Parliament. It, inter-alia, provides for the extension in the life of a patent to 20 years.

 

Cement: Project Opportunities in Himachal Pradesh

 

PROFILE:

The cement industry presents one of the most energy-intensive sectors within the Indian economy and is therefore of particular interest in the context of both local and global environmental discussions. Increases in productivity through the adoption of more efficient and cleaner technologies in the manufacturing sector will be effective in merging economic, environmental, and social development objectives. The Indian cement industry is highly fragmented with the top few accounting for more than 50% of the industry capacity. The rest is distributed among the large number of small players. The cement industry in India has come forward as the second largest in the world, showing a total capacity of around 230 MT (including mini plants). However, on account of low per capita consumption of cement in the country (156 kg/year as compared to world average of 260 kg) there is still a huge potential for growth of the industry.

RESOURCES:

Himachal Pradesh has ample supply of quality limestone. State exports approximately half of the cement production to other states. The annual cement production of Himachal Pradesh is likely to increase further with the commissioning of a new facility in 2015. Already, the state is producing more than 9 million tonnes of cement. Three new cement plants have been approved. The major companies are Larsen and Toubro, Grasim industries and Harish Chandra limited

GOVERNMENT POLICIES:

The government of India has set ambitious plans to increase the production of cement in the country, and to attain the target the government has made huge investments in the sector. The Department of Industrial Policy and Promotion, which falls under the central Ministry of Commerce and Industry, is the agency that is responsible for the development of the cement industry in the country. The agency is actively involved in keeping track of the performance of cement companies in the country and provides assistance and suitable incentives when required by the company. The department is also involved in framing and administering the industrial policy for foreign direct investments in the sector. Apart from formulating policies, the department also promotes the industry to attract new foreign investments in the sector.

 

Livestock: Project Opportunities in Himachal Pradesh

PROFILE:

Livestock sector plays a critical role in the welfare of India's rural population. It contributes nine percent to Gross Domestic Product and employs eight percent of the labour force. This sector is emerging as an important growth leverage of the Indian economy. As a component of agricultural sector, its share in gross domestic product has been rising gradually, while that of crop sector has been on the decline. In recent years, livestock output has grown at a rate of about 5 percent a year, higher than the growth in agricultural sector.

RESOURCES:

Livestock keeping is very common in Himachal Pradesh. 19 out of every 20 households keep at least one of the species of livestock. Bovine is most common species, of the total households in Himachal Pradesh 91.39 % have bovine. Goat is next important livestock in the state. Nearly one fourth of the total household’s rear goat. Similarly two out of every fine household keeps a sheep. Households keeping poultry accounted for 5.54% of the total households in the state.

 

GOVERNMENT POLICIES:

•        Improve staff skills in management, working with communities and additional skills in project planning, implementation monitoring/evaluation and documentation and enhance the effectiveness of services, through development of process and organization skills within staff along with strong technical knowledge. 

•        Set up a HID Cell to function as a planning and monitoring hub for AHD personnel and their professional development for the department.

•        Establish functional linkages through a supportive administrative framework to further the objectives of the livestock sector policy with important line departments like Panchayati Raj, Rural Development, Health Care and Agriculture along with NGOs and CBOs down to the village level.

•        Set up an empowered  decentralized district  Level  Committee  on livestock resource  development to  disseminate   breeding  and  animal  health  services  in the districts and monitor the development and funds generated.

Most importantly the policy itself speaks of poverty reduction as one of its primary goals and envisions livestock sector growth with a human face. The draft policy has a renewed focus on improving the livelihood and self-reliance of the poor and other underprivileged sections of the rural society through sustainable development of the sector.

 

Tourism: Project Opportunities in Himachal Pradesh

 

PROFILE:

Tourism in India is the largest service industry, with a contribution of 6.23% to the national GDP and 8.78% of the total employment in India. The tourism industry in India is substantial and vibrant, and the country is fast becoming a major global destination. India’s travel and tourism industry is one of them most profitable industries in the country, and also credited with contributing a substantial amount of foreign exchange. Indian Tourism offers a potpourri of different cultures, traditions, festivals, and places of interest.

RESOURCES:

Himachal Pradesh has a natural advantage for the development of tourism as an industry. The State has a rich treasure of places of pilgrimage and anthropological value. It is endowed with geographical and cultural diversity, clean, peaceful and beautiful environment. It has also the pride of being the home to Rishies like Vyas, Prashar,Vashist, Markandey and Lamas, etc. Hot water springs, historic forts, forests, mountains, rivers and rivulets, natural and man-made lakes, etc. are sources of immense pleasure and joy to the tourists. The tribal areas of Himachal Pradesh are known for natural beauty and have recently been opened up to foreign tourists. Tourism industry has been given very high priority and the Government has developed appropriate infrastructure for its development, which includes provision of public utility services, roads, communication network, airports, transport facilities, water supply, civic amenities, etc.

 

GOVERNMENT POLICIES:

In order to develop tourism in India in a systematic manner, position it as a major engine of economic growth and to harness its direct and multiplier effects for employment and poverty eradication in an environmentally sustainable manner, the National Tourism Policy was formulated in the year 2002. Broadly, the Policy attempts to:-

•        Position tourism as a major engine of economic growth;

•        Harness the direct and multiplier effects of tourism for employment generation, economic development and providing impetus to rural tourism;

•        Focus on domestic tourism as a major driver of tourism growth.

•        Position India as a global brand to take advantage of the burgeoning global travel trade and the vast untapped potential of India as a destination;

•        Acknowledges the critical role of private sector with government working as a pro-active facilitator and catalyst;

•        Create and develop integrated tourism circuits based on India’s unique civilization, heritage, and culture in partnership with States, private sector and other agencies; and ensure that the tourist to India gets physically invigorated, mentally rejuvenated, culturally enriched, spiritually elevated and feel India from within.

 

Waste management and recycling: Project Opportunities in Himachal Pradesh

 

PROFILE:

Rapid industrialization last few decades have led to the depletion of pollution of precious natural resources in India depletes and pollutes resources continuously. Further the rapid industrial developments have, also, led to the generation of huge quantities of hazardous wastes, which have further aggravated the environmental problems in the country by depleting and polluting natural resources. Therefore, rational and sustainable utilization of natural resources and its protection from toxic releases is vital for sustainable socio-economic development.

Hazardous waste management is a new concept for most of the Asian countries including India. The lack of technical and financial resources and the regulatory control for the management of hazardous wastes in the past had led to the unscientific disposal of hazardous wastes in India, which posed serious risks to human, animal and plant life.

 

RESOURCES:

After its success in banning plastic bags in the state, Himachal Pradesh government would be considering imposing ban on use of plastic disposables – cups, plates and glasses – to further strengthen the movement of protecting environment from non-biodegradable products. The State Government in a major move decided to employ a proven environment friendly technology, which uses recycled plastic in the bitumen mixture for roads and the outcome has been encouraging. Himachal Pradesh State Pollution Control Board constructed a stretch of road of approximately 800 meters by using approx. 530 Kg of shredded plastic waste between Tutu-Jubbar Hatti airport in collaboration n with Public Works Department and Municipal Corporation. The waste plastic such as carry bags, disposable cups, and thermocoles, laminated plastics like pouches of chips, pan masala, aluminium foil, and packaging material used for biscuits, chocolates, milk, grocery etc was used in the road construction.

 

GOVERNMENT POLICIES:

National policy on waste management is set out in the October 1998 policy statement on waste management- Changing our Ways. It outlines the Government's policy objectives in relation to waste management, and suggests some key issues and considerations that must be addressed to achieve these objectives. The policy is firmly grounded in an internationally recognised hierarchy of options, namely prevention, minimisation, reuse/recycling, and the environmentally sustainable disposal of waste which cannot be prevented or recovered.

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ADHESIVE (Fevicol Type - D2, D3, D4)

An adhesive is a substance that holds two surfaces together by wetting them, sticking to them, and building strength and stability after application. It is necessary to prepare the surface before applying the glue. The most prevalent source ingredients for adhesives are polymeric polymers, both natural and synthetic. A good technique to identify adhesives is to look at how they respond chemically after they've been applied to the surfaces to be bonded. There are a variety of adhesives available, and one that is appropriate for the materials to be joined must be chosen. Adhesives are used in the resilient type carpentry, office and stationery industries, decorative use fabric industry, ceramic and leather industries, and paint industry. Application are: a) Adhesives, such as white craft glue, are used to adhere lightweight materials including cardboard, paper, cloth, and children's crafts. Because they are frequently carried by water, they are easier to clean and less harmful. These glues must cure before any strength may be determined. b) Adhesive is utilised in the fabric business. Fabric adhesives, such as polyvinyl acetate or liquid white glues, can be used to accomplish this. c) Acrylate adhesives are widely utilised in ceramic and leather manufacturing. These glues have a tendency to bond rapidly and create a strong, transparent finish. d) Adhesive is a substance used in the paint industry to improve the adhesion of paint and coatings. Wood Type Adhesives are a less expensive and less harmful to the environment than solvent-based adhesives. Water-borne adhesives have the advantage of not containing volatile organic compounds. Acrylics have a number of advantages, such as durability, colour retention, quick drying, environmental friendliness, and impact resistance, to name a few. Few Indian Major Players 1. Anabond Ltd. 2. Century Plyboards (India) Ltd. 3. D I C India Ltd. 4. F C L Technologies & Products Ltd. 5. Feroke Boards Ltd.
Plant capacity: Fevicol Type Adhesive (D2, D3 & D4) 10 MT Per DayPlant & machinery: 78 Lakhs
Working capital: -T.C.I: Cost of Project: 247 Lakhs
Return: 27.00%Break even: 53.00%
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Paracetamol (BP/IP/USP Grade)

India is the leading supplier of generic medications in the world. More than half of global demand for vaccines is met by the Indian pharmaceutical industry, which also supplies 40% of generic demand in the United States and 25% of all pharmaceuticals in the United Kingdom. The pharmaceutical sector supplies over 70% of India's needs for bulk medicines, drug intermediates, pharmaceutical formulations, chemicals, tablets, capsules, orals, and injectables. In India, there are roughly 250 large units and 8000 small scale facilities in the pharmaceutical industry (including 5 Central Public Sector Units). The following are some of the uses of paracetamol powder: a) Fever: It is often used to treat fever in persons of all ages. Paracetamol is recommended when a child's temperature climbs above 38.5 degrees Celsius. b) Discomfort relief: It can also be used to relieve mild to moderate pain. c) Osteoarthritis: Paracetamol has been shown to reduce arthritic pain in the knees, hands, and hips in several studies. d) Lower Back Discomfort: It is utilised as a first-line treatment for lower back pain. e) Headache Swiss: Paracetamol with caffeine is also utilised by headache organizations in Austria and Germany. In India, paracetamol is also used to alleviate headaches. Paracetamol is also used to treat migraines in some countries. f) Toothache: Paracetamol has been shown to be beneficial in the treatment of toothache in several studies. g) Menstrual Period Pain: Paracetamol is usually used for menstrual period pain in combination with Dicyclomine Hydrochloride or Mefenamic Acid. h) Cold/Flu Pain: Paracetamol is frequently used in conjunction with anti-cold medications to treat Cold/Flu Pain. The paracetamol market in India is predicted to grow rapidly over the forecast period. The paracetamol market in India is driven by the widespread use of paracetamol as a first-line treatment for pain and fever reduction. Furthermore, the drug's widespread use in COVID-19 patients to alleviate various cold, cough, and fever symptoms is expected to boost market growth through FY2026. The Indian pharmaceutical industry is expected to be worth $100 billion by 2025, while the medical device industry will be worth $25 billion. India's pharmaceutical exports totalled US$ 16.3 billion in fiscal year 2020. Few Indian Major Players 1. Alpha Remedies Ltd. 2. Farmson Pharmaceutical Gujarat Pvt. Ltd. 3. Granules India Ltd. 4. HaffkineAjintha Pharmaceuticals Ltd.
Plant capacity: Paracetamol Powder (IP/BP Grade)50 MT Per Day Acetic Acid (31% Conc.) By Product 72 MT Per DayPlant & machinery: 962 Lakhs
Working capital: -T.C.I: Cost of Project: 2887 Lakhs
Return: 32.00%Break even: 52.00%
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Alloy Wheels for 2 Wheelers

When an object is forced against a surface, the wheel is a mechanism that lets the thing to go efficiently across it. A horizontal slice of a trunk does not suit due to the structure of wood, as it lacks the structural strength to support weight without collapsing, therefore rounded pieces of longitudinal boards are required. Alloy wheels are automobile wheels made from an alloy of aluminium or magnesium metals (or sometimes a mixture of both). Alloy wheels are lighter than normal steel wheels, allowing for faster vehicle speeds. Because alloy wheels are lighter than steel wheels, they perform better in most conditions. In terms of fuel economy, alloy wheels have a major benefit, particularly in urban areas. Due to their lighter structure, alloy wheels will put less strain on the vehicle's suspension. As a result, faster acceleration will be feasible. Alloy wheels have become the standard wheels for most cars due to their greater performance and attractive design. Alloy wheels are more expensive than steel wheels, although they account for the vast majority of OEM wheels. This provides you with more options and choices. The overall alloy wheel sector in India has been continuously growing, with growth expected to accelerate in the next 5-6 years. The alloy wheel market is anticipated to be worth roughly INR 21,000 million in terms of value. Alloy wheels account for less than 20% of the market in India, compared to steel wheels, which account for more than 80%. In the short to medium term, the forecast for the alloy wheel market in India is positive. Few Indian Major Players 1. Alcoa India Pvt. Ltd. 2. Enkei Wheels (India) Ltd. 3. S A B Industries Ltd. 4. Wheels India Ltd.
Plant capacity: Alloy Wheel for 2 Wheeler 1,000 Pcs Per DayPlant & machinery: 133 Lakhs
Working capital: -T.C.I: Cost of Project: 891 Lakhs
Return: 26.00%Break even: 58.00%
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Fiberglass Wool Ceiling Tiles

Fiberglass ceiling tiles are made mostly of glass fibres encased in polymers and provide a number of advantages in a variety of applications. These are typically green building materials; lighter tiles can also be thrown directly on the ceiling without sagging or deterioration. Fiberglass, often known as glass wool, is one of the most effective insulating materials on the market, both thermally and acoustically. It is non-combustible even when in direct and continuous contact with flames. It does not emit toxic gases or smoke, two of the most dangerous health and life dangers in the event of a fire. Glass wool is a non-flammable material. It does not produce toxic fumes or smoke, two of the most dangerous health and life dangers linked with a burn. Acoustic ceiling tiles made of fibreglass are lightweight, easy to handle, and give the best sound absorption. These are employed in the following scenarios: • Commercial suspended ceilings • Auditoriums • Multiplexes • Theatres • Lecture halls • Libraries • Offices with an open floor plan • Meeting Rooms for Conferences • Bars and Pubs • Home Cinemas • Yoga and Meditation Centers In India, the fibre ceiling business has a promising future, with opportunities in both commercial and residential applications. The market is expected to grow due to increased demand for acoustic and thermal insulation, rising disposable income in developing countries, and shifting consumer preferences toward the aesthetics of homes and businesses. The adoption of sustainable and innovative building solutions, such as the use of eco-friendly materials for ceilings, floors, and walls, is anticipated to benefit market dynamics. The market's expansion is being stifled by the high raw material costs of ceiling tiles. Furthermore, ceiling tile installation is costly because it necessitates the services of a professional. Few Indian Major Players 1. K-Flex India Pvt. Ltd. 2. Lloyd Insulations (I) Ltd. 3. Owens Corning Inds. (India) Pvt. Ltd. 4. Rock Wool (India) Pvt. Ltd. 5. Saint-Gobain Gyproc India Ltd.
Plant capacity: Fiberglass Wool Ceiling Tiles 3,000 Sq. Mtr. Per DayPlant & machinery: 482 Lakhs
Working capital: -T.C.I: Cost of Project: 1082 Lakhs
Return: 27.00%Break even: 52.00%
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Industrial and Pharmaceutical Grade Starch from Cassava, Maize and Tacca Roots

Starch can be found in cassava, sorghum, maize, sago, and potatoes. The initiative's concentration, however, was on cassava starch production. Cross-linking starch results in a product that can be used to produce noodle, salad cream, or custard. This product is often made with corn and potato starch, but cassava, which is readily available and inexpensive, can be utilised to meet the needs of the people. Cassava (ManihotesculentaCrantz), also known as yucca in Central America, mandioca or manioca in Brazil, tapioca in India and Malaysia, and cassada or cassava in Africa and Southeast Asia 39, 40, is a lowland tropics starchy staple and a major source of food support for some of the world's poorest countries 39, 40. MAIZE STARCH: Maize starch is a corn starch that is extracted from the grain (maize). The starch is taken from the endosperm of the kernel. Corn starch is a common food additive that thickens sauces and soups, as well as being used to make corn syrup and other sugars. TACCA STARCH (TACCA LEONTOPETALOIDES): Tacca starch is derived from the rhizomes of the Taccaceae plant Taccaleontopetaloides. In the humid tropics of Asia, Australia, and the Pacific islands, the genus Tacca contains about 30 species of perennial herbs with tuberous or creeping rhizomes. The tubers contain a 22.40 percent dry matter content and a 10.22 percent starch content. Increased use of starch in the production of biodegradable plastic and food items, as well as its additions in bakeries, snacks, drinks, and functional meals, as well as rising demand in various non-food applications, is driving the Industrial Starch Market. In a number of meals, starch and its derivatives are used as thickeners, stabilisers, sizing agents, fat replacers, and binding agents. The global modified starch market is anticipated to be valued USD 13.1 billion in 2020, growing to USD 14.9 billion by 2025, indicating a 2.7 percent compound annual growth rate (CAGR). Because of its expanded use in a wide range of meals, as well as the cost-effectiveness and enhanced functionalities it provides over native starch, it is experiencing significant expansion.
Plant capacity: Industrial Grade Starch 37.5 MT Per Day Pharmaceutical Grade Starch 12.5 MT Per DayPlant & machinery: 257 Lakhs
Working capital: -T.C.I: Cost of Project: 1255 Lakhs
Return: 28.00%Break even: 76.00%
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Non-Woven Geotextile

Geotextiles are permeable geosynthetics manufactured from textile or fabric materials. Geotextiles are made from polypropylene, polyester, polyethylene, polyamide, and other polymers. Geotextiles provide a variety of roles, including separation, drainage, filtration, reinforcing, and protection. Geotextiles are used in a variety of ways in India. Chemically or thermally glueing materials together, needle punching, and other methods are used to create non-woven geotextiles. Non-woven geotextiles are synthetic geotextiles that are often used in filter or separation applications, as well as projects where pooling water is a major issue. Nonwoven geotextiles are employed when both soil isolation and permeability are required. These materials are commonly used to wrap French drains or to work with other sub-surface drainage systems. Non-woven geotextiles are used in a variety of applications, including river erosion control, railways, landfills, canals, and water proofing. Non-woven is also frequently used beneath rock riprap revetment, where drainage and separation are critical. Non-oven geotextiles are the most popular type of geosynthetic in terms of volume. Only a few of the applications include geotechnical engineering, heavy construction, building and pavement construction, hydrogeology, and environmental engineering. According to the "India Geotextiles Market research," the non-oven geotextiles market in India is predicted to grow at a CAGR of nearly 12% between 2017 and 2026. There are three types of geotextiles on the Indian market: woven, non-woven, and knitted. The nonwoven geotextile market in India accounts for the biggest share of these categories. The category is predicted to maintain its dominance over the forecast period. Because they filter well and are heat resistant, nonwoven geotextiles are used to prevent soil erosion, as pound underlayment, and as separating cloths. Few Indian Major Players 1. Maccaferri Environmental Solutions Pvt. Ltd. 2. Parry Enterprises India Ltd. 3. Skaps Industries India Pvt. Ltd. 4. Strata Geosystems (India) Pvt. Ltd. 5. Techfab (India) Inds. Ltd.
Plant capacity: Non-Woven Geotextile 200,000 SQM Per DayPlant & machinery: 4312 Lakhs
Working capital: -T.C.I: Cost of Project: 5419 Lakhs
Return: 27.00%Break even: 37.00%
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Milk Powder (Baby Milk for 0 to 5 year, Milk Powder for Coffee and Tea)

Milk is an essential part of human diet. It's nutrient-dense, delicious, and easy to digest. Proteins, fats, sugars, minerals, and a wide range of vitamins are all abundant. In terms of milk production, India ranks only behind the United States of America and the Soviet Union. However, India's milk output is insufficient to fulfil the needs of the country's massive population, with daily average intake per person falling short of the optimal requirement of around 310 grammes. Milk and milk products come in a variety of forms, including fresh milk products, concentrates, and dried items. Milk powders can be used in place of fresh milk and concentrates. The conversion of liquid dairy streams to powder results in a convenient and consistent supply of milk solids. 1. Milk Powder is eaten as a snack. 2. It's a full-fledged newborn food. 3. Among other things, it's used to manufacture curd, butter, ghee, cream, and ice cream. 4. Milk powder is found in nearly every home. 5. It's utilised in the production of milk meals, as well as tea and coffee, at hotels and restaurants. 6. It's used to make cheese, yoghurt, ice cream, and lassi, among other things. The global milk powder market is estimated to grow at a CAGR of 4.4 percent between 2018 and 2025, from $27,783.3 million in 2017 to $38,086.1 million in 2025. Milk powder is a dehydrated dairy product created by evaporating milk. The purpose of making milk powder is to extend the shelf life of milk without using a refrigerator. There are several types of milk powder available, including whole milk powder, skimmed milk powder, dairy whitener, and various variations of milk powder. Few Indian Major Players 1. D S P I Milk Foods Ltd. 2. Haryana Milk Foods Ltd. 3. Herman Milkfoods Ltd. 4. K K Milk Fresh India Ltd. 5. Kamdhenu Foods Ltd. 6. Markandeshwar Foods & Allied Products Ltd.
Plant capacity: Baby Milk Powder 400 gms Size Pack 62,500Nos Per Day Milk Powder for Tea & Coffee 200 gms Size Pack 25,000 Nos Per Day Milk Powder for Tea & Coffee 500 gms Size Pack 10,000Nos Per DayPlant & machinery: 948 Lakhs
Working capital: -T.C.I: Cost of Project: 2711 Lakhs
Return: 29.00%Break even: 50.00%
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Copper Wire Drawing & Enamelling

Copper is one of the oldest materials known to man, as well as one of the most widely utilised non-ferrous metals today. Copper, like Ag and Au, belongs to the first row of transition elements, which also includes Sc, Ti, V, Cr, Mn, Fe, Co, Ni, Cu, and Zn. It belongs to the periodic table's group 11. The element has an atomic number of 29, a mass of 63, two major oxidation states (+1 and +2), and two naturally occurring isotopes (63Cu and 65Cu) with corresponding abundances of 69.17 percent and 30.83 percent. Copper is easy to stretch, mould, and shape, is corrosion-resistant, and has excellent heat and electrical conductivity. As a result, copper was essential to early humans, and it is still employed in a variety of applications today. The winding of motors and transformers is done with copper wire. Copper wire is available in several gauges (32 gauge to 18 gauge). The winding required for the specific motor or transformer determines the copper wire gauge. Wire having a conductor diameter of 0.500 to 4.000 mm is suitable for submersible motor winding. Copper wire is in high demand among motor and transformer makers, as well as for motor and transformer rewinding. Copper wire is used in a variety of applications such as power generation, transmission, distribution, telecommunications, electronics circuitry, and a variety of electrical equipment. Copper and copper alloys are also used to make electrical connections. Building electrical wire is the most important market for the copper industry. Copper is mostly used in the electrical industry for components such as electrical apparatus, bus bars, and wire. Copper is not very ductile at temperatures between 250 and 600°C, and it cannot be forged or stamped at temperatures above 800°C due to its high brittleness. Pure copper is rarely forged or stamped, and only its alloys bronze and brass are regularly forged or stamped. Cables and wires, which account for approximately 40% of India's electrical industry, are in high demand due to the growing demand for electricity, light, and communication. Wires and cables are widely utilised in a number of industries and serve a critical role in the development of infrastructure. The need for wire and cables is closely tied to the growth of the manufacturing industry and infrastructure in the electrical, telecommunications, residential, and commercial sectors. As a result, the government's initiatives on a variety of fronts, such as power, housing, infrastructure, and digitization, are almost certain to generate a lot of business for the wire and cable industry in the coming years. Few Indian Major Players 1. Bharat Insulation Co. (India) Pvt. Ltd. 2. Chandra Metals Pvt. Ltd. 3. Elite Conductors Ltd. 4. Grid India Power Cables Pvt. Ltd. 5. Khandelwal Cables Ltd. 6. Madhav Copper Ltd.
Plant capacity: Copper Wire (0.914 to 0.376 mm) 350 Kgs per day Enamelled Copper Wire (0.914 to 0.376 mm) 350 Kgs per day Intermediate Copper Wire (2.5 mm) 4,000 Kgs per day Intermediate Copper Wire (1.2 mm) 5,000 Kgs per dayPlant & machinery: 432 Lakhs
Working capital: -T.C.I: Cost of Project: 1233 Lakhs
Return: 28.00%Break even: 46.00%
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Tomato Ketchup & Mayonnaise

Tomatoes are one of the most important food crops in India. It is found in almost every state in the United States. The top producers are Bihar, Karnataka, Uttar Pradesh, Orissa, Andhra Pradesh, Maharashtra, Madhya Pradesh, and West Bengal. Vitamins A and C, as well as potassium, minerals, and fibre, are abundant in tomatoes. Because the raw material can be found all throughout the country. Tomatoes are one of the most important "protective foods" due to their great nutritional value. It's one of the most flexible vegetables, and it's been used in Indian cooking for centuries. Tomatoes are used in soups, salads, pickles, ketchup, purees, sauces, and more. Ketchup, an acidic, seasoned tomato sauce, is one of America's favourite condiments. Although ketchup, sometimes known as catsup, is most commonly associated with hamburgers, hot dogs, and French fries, it can also be found in sauces, meatloaf, beans, and stews. Mayonnaise is one of the most popular sauces in the world. Egg yolks, vinegar, oil, and a few other ingredients are used to make a semi-solid oil-in-water emulsion. Mayonnaise is available in a range of colours, although the most popular are white, cream, or pale yellow. It can range in texture from a light cream to a thick gel. It's served with sausages, burger patties, chips, and salads as a culinary flavouring and hunger stimulant. It can range in texture from a light cream to a thick gel. It's offered with sausages, burger patties, chips, and salads as a culinary flavouring and to whet the appetite for a first meal. Mayonnaise has a high oil content, which contributes to the product's lubricity and creamy texture. Mayonnaise is an emulsion, which is a mixture of two liquids that would not normally mix together. Combining oil with water is a famous example. A tiny number of unorganised and individually owned firms produce mayonnaise. It's a better alternative product, to put it that way. Vegetable oil, vegetable protein, milk protein, egg protein, fat emulsifier salt, and water are the most common basic materials used in product manufacture. All of the basic raw materials are readily available in India. A mixer, a digital balance, an emulsifying machine or a colloid mill, holding tanks, a boiler, and other basic plant and machinery are needed. The machines are all manufactured in the United States. The global tomato ketchup market will be worth US$ 19.70 billion in 2020. The market is estimated to grow at a CAGR of 4.70 percent from 2021 to 2026. Table sauce, often known as tomato ketchup, is a cold condiment produced from soft red tomatoes that mixes well with both hot and cold dishes. It has a sweet and tangy flavour and is usually used to snacks and appetisers to enhance their flavour. In a blender, combine ripe blanched tomatoes, vinegar, sugar, and a selection of seasonings and herbs to make tomato ketchup. In India, the mayonnaise and salad dressing industry is becoming one of the most active and rapidly growing segments of the food service industry. As a result of improving living standards and changing lifestyles, the need for sophisticated taste in meals is becoming a growing trend in the food industry, which is benefiting the mayonnaise and salad dressing sectors. The demand for mustard sauce, caeser salad dressing, creamy cheese salad dressings, liquid salad dressing sauces, Italian and Russian salad dressing, thousand island salad dressing, eggless and garlic mayonnaise, and other mayonnaise and salad dressing products is higher than ever, giving the Indian market a boost. Few Indian Major Players 1. Adinath Agro Processed Foods Pvt. Ltd. 2. Cremica Food Inds. Ltd. 3. Del Monte Foods India Pvt. Ltd. 4. General Mills India Pvt. Ltd.
Plant capacity: Tomato Ketchup (500 gms Size Glass Bottle) 4,000 Nos. per day Mayonnaise (500 gm Size Glass Bottle) 2,000 Nos. per day Mayonnaise (200 gm Size Pouches) 5,000 Nos. per dayPlant & machinery: 67 Lakhs
Working capital: -T.C.I: Cost of Project: 362 Lakhs
Return: 30.00%Break even: 57.00%
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HDPE Pipes

For decades, HDPE pipe has been used in non-potable water applications. Because of its welded joints, HDPE pipes are very popular. While welding necessitates the use of specialised equipment, it eliminates the need for separate fittings, which are a typical source of leaks and contaminant infiltration. HDPE is a very flexible polymer that can endure more abuse on the job site than brittle polymers such as PVC. Because of the flexibility of the piping system, turns can be achieved without the use of additional joints. High density polyethylene (HDPE) is used as a drainage pipe material because it is lightweight, corrosion resistant, easy to install, and has a low maintenance cost. The design of HDPE corrugated drainage pipe is based on the idea that it will deform and so alleviate stress. As a result, ductility is an important quality for allowing for deflection during the pipe's service life. HDPE resins with low ductility may induce unexpected breaking in the pipe due to a phenomenon known as "slow crack advancement." To decrease cracking, the stress crack resistance (SCR) of HDPE resins must be properly assessed. HDPE pipes are corrosion-resistant and simple to work with, making them more practical and long-lasting. HDPE pipes are lightweight and use less energy to manufacture. Other polyethylenes have varied densities, hyper-branched crystallinities, molecular weights, and chain structures. HDPE may be processed at temperatures ranging from 160°C to 250°C, with a shrinkage rate of 1.5 to 3%. Due to its great heat resistance, flexibility, and machinability, HDPE is a prominent polymer in the production of a wide range of plastic goods. The India HDPE Pipes Market was valued $99.9 million in 2018, and is expected to increase at a CAGR of 11.2 percent to $233.5 million by 2026. High density polyethylene (HDPE) pipes are made from raw materials such as PE 63, PE 80, and PE 100. One of the key advantages of HDPE pipes is that they are 6-8 times lighter than cast iron and galvanised iron pipes. HDPE pipes may be easily moulded and welded together due to their high chemical resistance. They are also non-corrosive, making them a great choice for a wide range of applications. Few Indian Major Players 1. Alom Poly Extrusions Ltd. 2. Captain Polyplast Ltd. 3. Dutron Polymers Ltd. 4. Greenfield Irrigation Ltd. 5. JayshreePolytex Ltd. 6. Kunststoffe Industries Ltd. 7. Nimbus Pipes Ltd.
Plant capacity: HDPE Pipes 7,200Kgs per dayPlant & machinery: 82 Lakhs
Working capital: -T.C.I: Cost of Project: 541 Lakhs
Return: 27.00%Break even: 60.00%
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Information
  • One Lac / Lakh / Lakhs is equivalent to one hundred thousand (100,000)
  • One Crore is equivalent to ten million (10,000,000)
  • T.C.I is Total Capital Investment
  • We can modify the project capacity and project cost as per your requirement.
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  • Caution: The project's cost, capacity and return are subject to change without any notice. Future projects may have different values of project cost, capacity or return.

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